69.5
Good
Property score
69.5
Good
Overall 69.5
Larger and newer than most nearby homes
1,144 sqft (top 30%)
Built in 2012 (64 yrs newer than avg)
Located in a above-average income area
with median household income of ~82k
Transit 82.0
1-min walk to transit with 2 nearby routes
Within 500m: 3 schools, 1 shop, 1 park, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Above average
64 yrs newer than neighborhood avg.
Mother tongue
English · 58%Tagalog · 18%
Past 10 years Jefferson sales snapshot (~80% of all data)
1,026
320k
$314/sqft
1948
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69.5 is composed by the two sections below.
Property Score
Community Score
Jefferson
How to read: Share of sales in each ~$50k price band for “jefferson” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110027
$82K
Median household income
$95K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
30%
Single-person households
26%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
487 Jefferson Avenue — 6 amenities found within 500 m, across 4 categories, including 3 education (nearest 384 m), 1 shopping (nearest 390 m), 1 parks (nearest 411 m).
Jefferson · WPS public data · 2026
Annual incidents
40
2026
vs. city avg
+36%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
80%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 9% | Top 8% | Top 42% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 16% | Top 13% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 487 Jefferson Avenue
Section 1: Key Characteristics & Appeal
This bi-level home at 487 Jefferson Avenue presents a compelling mix of modern convenience and established neighbourhood character. Its key strength is its relative newness, built in 2012, making it one of the youngest homes on its street and in the wider Jefferson area. This suggests updated building systems and less immediate need for major repairs. The living space (1,144 sq ft) is comfortably above average for the immediate area, and the home features a renovated basement and a detached garage.
The appeal lies in its strong positional value. The property’s assessed value ranks in the elite top 3% on its street, indicating it is considered a premium property within this specific locale. This creates an interesting dynamic: you’re acquiring a newer, well-regarded home without necessarily paying a premium for a brand-new subdivision. The lot is modest compared to city averages, which translates to less yard maintenance—a perk for some.
This home would suit a practical buyer looking for move-in readiness in a mature neighbourhood. It’s ideal for first-time homeowners or downsizers who want modern interiors without the footprint or upkeep of a larger, older house. The strong assessment and recent sale history also suggest it would attract buyers with an eye for stable, long-term value in a well-established community.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high compared to nearby homes?
The assessment reflects the property’s young age (2012) and above-average living area for the location. Assessors value newer construction and modern amenities highly, placing this home in a different category than many of its older neighbours.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand if it’s a finished living space, a modern utility area, or includes a secondary suite.
3. Is the modest lot size a disadvantage?
It depends on your priorities. The lot is smaller than the city average, meaning less private outdoor space. However, this also means significantly less yard work and lower landscaping costs, which many buyers see as a benefit.
4. How does the detached garage impact utility?
A detached garage offers flexibility and can reduce noise in the home. However, it is less convenient in Winnipeg winters compared to an attached garage. Consider your daily routine and the walk from the garage to the house.
5. The home sold in 2016 and 2017. Why the quick turnover?
The brief ownership periods could be due to many neutral factors like job relocation, changing family needs, or investment strategies. It does not inherently indicate a problem with the property, but it’s wise to inquire about the home’s maintenance history during those periods.
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